Well, I spoke to my loan officer again today and after pleading my case once again … she said that I most likely will be able to get a 2nd mortgage loan! Yay!!! I’m so happy! It will be a low fixed interest rate and low monthly payments. Everything sounds good so far. First, she wants me to get estimates on EVERYTHING that needs to be repaired in my home. So I’ve already been setting up appointments with several contractors to get estimates for new ceilings/drywall/insulation, new flooring/subflooring, new doors, driveway paving, new gutters, and support beam repair. Once I get all my estimates, an appraiser will look over the costs and then I’ll receive my loan! Fingers crossed :)
I hope everything works out. I can’t stop smiling I’m so excited! YAYYY!!!
Keep you posted! :)